India’s Medical Device Industry Grows to $18 Billion, Eyes Global MedTech Manufacturing Opportunities at Medical Fair India 2026. –

Mumbai, Maharashtra, 24th of September, 2026 : India’s medical device sector has grown from a $5 billion industry in 2020–21 to $18 billion today, reflecting the country’s expanding capabilities in medical technology manufacturing and its transition from import dependence towards greater self-sufficiency. The sector’s growth, supported by government policies and increased manufacturing activity, was a

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